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Computop, Eckoh team up to streamline security for card-not-present payments

News | Digital Identity, Security & Online Fraud | 18 Aug 2020

Computop, a global payment processor, and Eckoh, the global provider of Secure Payment products and Customer Contact solutions, have partnered to further augment payment security for card-not-present (CNP) payments.

Computop, Eckoh, CNP, card-not-present, retailers, payment security, payment platform, ecommerce, POS

AusPayNet research shows sharp decline in card fraud in 2019

News | Digital Identity, Security & Online Fraud | 14 Aug 2020

Australian Payments Network (AusPayNet) has revealed a 19.5% decline in card fraud in 2019, the biggest decline since fraud data was first published.

Australian Payments Network, AusPayNet, decline in card fraud, card fraud, cards, card-not-present, CNP fraud, online transactions, CNP Fraud Mitigation Framework, card details, counterfeit, skimming fraud, payment scams, payments fraud

Ecommerce and other card-not-present debit transactions surging, PULSE study reveals

News | Online Payments | 11 Aug 2020

Discover Financial Services’ PULSE has revealed that card-not-present transactions volume grew at 10 times the rate of card-present in 2019, while issuance of contactless cards nearly tripled.

Discover Financial Services, Pulse, study, card-not-present, transactions , card-present, contactless cards, 2020 Debit Issuer Study, A2A, account-to-account, debit, PayPal, Venmo, Zelle, person-to-person, business-to-consumer payments, insurance payouts, mobile wallet, Apple Pay, consumer behaviour, COVID-19, contactless debit

Clydestone, Thales partner to offer authentication as a service platform

News | Digital Identity, Security & Online Fraud | 03 Aug 2020

Ghana-based payments system and fintech solutions provider Clydestone has partnered with Thales to provide an authentication as a service platform.

Clydestone, Thales, TheOne, Ghana, payment service providers, Strong Customer Authentication, SCA, multifactor authentication, MFA, 2FA, transactions , one-time password, OTP, Thales Dynamic Code Verification, DCV, card-not-present, CNP, static security cryptogram, CVV, dynamic code, PIN, biometric authentication

Secure Technology Alliance reveals defense method against CNP fraud

News | Digital Identity, Security & Online Fraud | 09 Jul 2020

The Secure Technology Alliance has released a white paper, which shows that cards with dynamic security code features might prevent card-not-present (CNP) fraud.

Secure Technology Alliance, card-not-present, CNP, fraud, EMV, US, static card security codes, dynamic security codes, issuers, merchants, cardholders, online transactions, stolen card data, ABCorp, Ellipse, IDEMIA, Infineon Technologies, MULTOS International, Thales, Visa, Worldpay.

RSA, NewDay to secure ecommerce transactions

News | Digital Identity, Security & Online Fraud | 07 Jul 2020

UK-based financial company NewDay has implemented RSA's Adaptive Authentication for eCommerce solution to secure digital payments and prevent fraud.

RSA Adaptive Authentication for eCommerce, NewDay, 3DS, card issuers, payments processors, card-not-present, CNP, ecommerce, ecommerce transactions, online shopping, cardholders, PSD2 SCA, machine learning

Friendly fraud and chargebacks are top issues for merchants, research finds

News | Digital Identity, Security & Online Fraud | 10 Feb 2020

Chargebacks911 and Card Not Present (CNP) have revealed research on the state of chargebacks and chargeback management in relation to CNP payments.

merchants, chargebacks, management, CNP payments, third party, Visa, fraud, friendly fraud, Chargebacks911, card not present

NAB, AusPost to form anti-fraud joint venture

News | Digital Identity, Security & Online Fraud | 21 Jun 2019

National Australia Bank and Australia Post have planned to form a joint venture to shield online merchants and shoppers from the threat of identity fraud.

NAB, AusPost, partnership, anti fraud, fraud prevention, joint venture, identity fraud, Australia, CNP, card not present, collaboration, risks, privacy, government, data service, merchants

IDEX Biometrics, Visionox team up for integrated displays

News | Digital Identity, Security & Online Fraud | 11 Dec 2018

IDEX Biometrics and Visionox have collaborated to enable cost-effective smart card systems, employing both display and biometric technologies.

IDEX Biometrics, Visionox, partnership, cards, biometrics, fingerprint, card-not-present, fraud, IOT